GOLOMBEK: When writing off moving expenses, the route you take matters

Financial Post

If you move, you can write off your moving expenses on your tax return provided the distance between your old residence and your new work location is at least 40 kilometres greater than the distance between your new residence and the new work location. A recent tax case decided earlier this month focused on how the 40 kilometre distance should be measured.

Full article – http://tinyurl.com/m6p8an8

Source : Financial Post & CREA

Bernard Haché

Bernard Haché

Real Estate Broker
CENTURY 21 Action Power Team Ltd., Brokerage*
Contact Me